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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (19504)11/3/2003 7:20:40 PM
From: sea_urchin  Read Replies (1) of 81904
 
Gold technicals now looking weak.

tfc-charts.w2d.com

>>>Mov Avg 3 lines Indicator:

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices: the fast average is below the slow average; the fast average is on a downward slope from the previous bar; the slow average is on a downward slope from the previous bar; and price is below the fast average and the slow average. WARNING: Market momentum slowed down on this bar. This is indicated by the fact that the difference between the two moving average lines is smaller on this bar than on the previous bar. Its possible that we may see a market rally.

Conventional Interpretation - Long Term: The market is bullish because the fast moving average is above the slow moving average.

Additional Analysis - Long Term: Recently the market has been extremely bullish, however currently the market has lost a some of its bullishness due to the following: the fast moving average slope is down from the previous bar, price is below the fast moving average, price is below the slow moving average. Its possible that we may see a market pullback here. if so, the pullback might turn out to be a good buying opportunity.

Mov Avg-Exponential Indicator:

Conventional Interpretation: Price is below the moving average so the trend is down.

Additional Analysis: CAUTION: The market trend has changed direction. Now the market trend is DOWN!

Stochastic - Fast Indicator:

Conventional Interpretation: The stochastic is bearish because the SlowK line is below the SlowD line.

Stochastic - Slow Indicator:

Conventional Interpretation: The stochastic is bearish because the SlowK line is below the SlowD line.

DMI Indicator:

Conventional Interpretation: DMI signals a bearish trade when the DMI+crosses below the DMI-, as it has here.

Additional Analysis: DMI has signaled a bearish trade. However, the ADX has weakened making this trade less attractive. Look for outside confirmation before taking a bearish position here, or wait for an upturn in ADX.

MACD Indicator:

Conventional Interpretation: MACD has issued a bearish signal. A bearish signal is generated when the FastMA crosses below the SlowMA, as it has here. <<<
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